RB GLOBAL INC.
For the period ended Mar 31, 2026. Filed May 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 4, 2026
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Stock-Based Compensation
Note 14. Stock-Based Compensation
The following table presents stock-based compensation expense by condensed consolidated income statement classification:
| Three months endedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Selling, general and administrative | 15.3 | 15.4 |
| Acquisition-related and integration costs | 0.3 | 0.2 |
| Stock-based compensation expense | $15.6 | $15.6 |
Share units
The following table presents share unit activity for the three months ended March 31, 2026 (actual number of units; weighted-average grant-date fair value per share unit):
| Performance Share Units (Performance Conditions) | Performance Share Units (Market Conditions) | Restricted Share Units | ||||
|---|---|---|---|---|---|---|
| Number | WA grantdate fairvalue | Number | WA grantdate fairvalue | Number | WA grantdate fairvalue | |
| Outstanding, December 31, 2025 | 374,181 | $82.06 | 374,181 | $126.89 | 756,197 | $86.30 |
| Granted | 127,227 | 98.53 | 127,227 | 133.00 | 213,434 | 98.24 |
| Vested and settled | (74,168) | 58.09 | (74,168) | 85.33 | (284,700) | 72.56 |
| Forfeited | (480) | 95.17 | (480) | 149.13 | (5,259) | 94.74 |
| Outstanding at March 31, 2026 | 426,760 | $91.12 | 426,760 | $135.91 | 679,672 | $95.74 |
Performance Share Units ("PSUs")
During the three months ended March 31, 2026, the Company granted PSUs to executives and senior employees, approximately half of which have service and performance vesting conditions and approximately half of which have service and market vesting conditions. The PSUs cliff vest after three-years.
Thefair value of PSUs with market vesting conditions was estimated using a Monte Carlo simulation model on the respective grant dates, incorporating the following significant assumptions, presented on a weighted average basis:
| Three months endedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Risk free interest rate | 3.7% | 4.0% |
| Expected lives of the PSUs | 3 years | 3 years |
| Expected volatility | 27.1% | 30.5% |
| Average expected volatility of comparable companies | 35.0% | 34.7% |
Restricted Share Units ("RSUs")
During the three months ended March 31, 2026, the Company granted RSUs to employees which have service vesting conditions. The RSUs vest over athree-year graded vesting period.
| RB Global, Inc. | 16 |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.